ARTICLES BY THIS AUTHOR
- 2/1/2023
U.S. recession unlikely in 2023, says NRF economist
The economy is expected to see slight growth this year as consumers continue to deal with inflation and high interest rates. - 2/1/2023
REI headquarters ‘restructuring’ involves layoffs
REI has made some organizational changes at its headquarters in Kent, Wash. - 2/1/2023
Costco same-store sales up in January but e-commerce sales tumble
Costco Wholesale Corp.’s sales rose in January even with the shifting of a holiday. - 2/1/2023
BDO: Retailers reducing overall inventory, taking on more debt
Retail CFOs are feeling cautiously optimistic despite inflation and ongoing supply chain issues. - 1/31/2023
Aldi, H-E-B top JLL list of fastest-growing grocers
A small-format discount grocer and regional powerhouse ranked as the fastest-growing U.S. supermarket retailers in 2022, by new stores and total square footage respectively. - 1/31/2023
Retailers welcome Senate bill dealing with organized retail crime
The Senate has introduced legislation that would create new tools to assist in the federal investigation and prosecution of organized retail crime (ORC) and help recover lost goods and proceeds - 1/31/2023
Study: Inflation-weary consumers turning online for better value
Most consumers are prioritizing value over brand loyalty — and they are going online to find it. - 1/31/2023
Casual-dining brand Crisp & Green signs big development deal
Crisp & Green has signed the largest multi-unit deal in its history. - 1/31/2023
McDonald’s to open 1,900 new stores in 2023; eyes big growth in China
McDonald’s Corp. reported a strong fourth quarter amid higher menu prices and a big bump in comp sales in its home market. - 1/30/2023
Canada Goose jumps into resale with new platform
Consumers will soon be able to trade in their pre-owned Canada Goose products for a gift card. - 1/30/2023
Nike executive joins C-suite at Crate & Barrel
A longtime Nike executive has joined the leadership team at Crate & Barrel Holdings (CBH). - 1/30/2023
Aldi supports Gulf Coast expansion with new regional HQ and DC; plans 100 stores
Aldi has opened a new distribution center to support its growth across the Gulf Coast region.